4//SEC Filing
KURZWEIL APPLIED INTELLIGENCE INC /DE/ 4
Accession 0001018116-97-000002
CIK 0000769191other
Filed
Jul 8, 8:00 PM ET
Accepted
—
Size
7.9 KB
Accession
0001018116-97-000002
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (3)
- [1]On June 27, 1997 the Issuer merged (the "Merger") with a subsidiary of Lernout & Hauspie Speech Products NV ("L&H") pursuant to an Agreement and Plan of Merger approved by stockholders of the Issuer on June 26, 1997.
- [2]Exchanged for $5,040 in cash and 57.059 shares of common stock of L&H having a value based on the closing market price on June 27, 1997 of $27.50 per share. The fractional share is payable in cash at the June 27, 1997 market value.
- [3]These derivative securities were exchanged for $183,942 in cash and 2,082.446 shares of L&H common stock. The fractional share is payable in cash at the June 27, 1997 market value. * The options covering these derivative securities by their terms became exercisable in full as a result of the Merger and pursuant to the terms of the Merger, were terminated at the effective time of the Merger on June 27, 1997.
Documents
Issuer
KURZWEIL APPLIED INTELLIGENCE INC /DE/
CIK 0000769191
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0000769191
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Size
- 7.9 KB